416 South StMantonMI49663
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Manton at 416 South St, Manton, MI, 49663 generates $1,385/mo in rent, after a $1,077/mo payment. Total monthly income is $1,385/mo. Return on cash invested sits at 18.82% in year one, and rental yield is 7.55% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 97.54% and total cumulative return in cash sums $71,135. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,385/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49663, Manton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,730 (100%) |
| Owner Occupied HU | 1,906 (69.8%) |
| Renter Occupied HU | 388 (14.2%) |
| Vacant Housing Units | 436 (16.0%) |
| Median Home Value | $168,750 |
| Average Home Value | $199,066 |
Housing Distribution
Address Breakdown
Residential
2,249
Single Family
2,179
Multi-Family
70
Businesses
101
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